Bank of America Day

The Bank of America Corporation (simply referred to as Bank of America; often abbreviated as BofA or BoA) is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. The bank was founded in San Francisco and took its present form when NationsBank of Charlotte acquired it in September 30th 1998 (via the merger of BankAmerica & NationsBank) 1956 (as BankAmerica) 1784 (as its predecessor, the Massachusetts Bank, through the merger with FleetBoston in 1999) - Department of State: Division of Corporations; File Number: 2927442; Incorporation Date / Formation Date: 7/31/1998. Number of employees: 200,000 (2020).

Bank of America's roots can be traced to 1904, when Amadeo Giannini founded Bank of Italy in San Francisco. Bank of America started as "Bank of Italy". The Bank of America name first appeared in 1923, with the formation of Bank of America, Los Angeles.

With all of the disruptive payment technologies that have soared in popularity over the past few years, and with the rise of internet-only banks, it may come as a surprise that Bank of America has emerged as a leader in digital banking technology and the adoption of that technology.